secwatch.observer — SEC 8-K summary
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Issuer:     MAMMOTH ENERGY SERVICES, INC. (TUSK)
CIK:        0001679268
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001628280-25-032406
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.01, 2.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mammoth sells hydraulic fracturing equipment for $15M; expects $7.7M-$9.2M impairment
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- Sold all hydraulic fracturing equipment to MGB Manufacturing for $15M cash; closed June 16, 2025.
- Expects Q2 2025 goodwill impairment of $7.7M-$9.2M on carrying value exceeding fair value.
- Hydraulic fracturing business to be reported as discontinued operations starting Q2 2025.
- Estimated loss on sale of ~$36.5M after transaction costs and taxes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679268/000162828025032406/0001628280-25-032406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679268/000162828025032406/tusk-20250616.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-032406

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer